Broker
AJ Gallagher wins Giles race
US-broker AJ Gallagher has entered into exclusive negotiations with Giles, according to reports, beating off competition from Aon and Towergate.
Tysers adds super yacht specialist to marine division
Lloyd’s broker Tysers has appointed super yacht specialist John Strange to join the firm’s marine division.
Kwik Fit MD Lynch to be replaced by Banwell on interim basis
Kwik Fit Financial Services managing director June Lynch is stepping down from the role after 16 years at the firm.
Fraud could drop by £100m by asking for honesty
Asking insurance customers to be honest could help reduce fraud by £100m, according to a research by Consumer Intelligence.
Aon hosts Manchester United and business leaders in Hong Kong
Aon had a press conference on Monday morning with business leaders to celebrate Manchester United's arrival to play a friendly with local side Kitchee.
AA index shows ‘record reductions’ in motor cover costs
Average pricing for home and car cover in the UK is continuing to slide, according to the AA’s latest British insurance premium index.
Aon’s revenues grow 3% in 2013 Q2
Aon revealed revenues growth of 3% or $2.9bn for the three months that ended 30 June 2013.
Olympic 2012 PR guru Brock-Doyle and Axa's Blanc to address Insurance Strategy
The 2013 Insurance Strategy conference is delighted to announce a raft of major CEO speakers alongside the London 2012 Olympic and Paralympic PR guru Jackie Brock-Doyle.
Claims Club Asia launches Claims Awards Asia
Entries for the inaugural Claims Awards Asia are now open.
Post Blog: Memorable insurance adverts
Despite being derided as the unfashionable, dowdy member of the financial services family, the insurance industry has had its moments in the spotlight, most notably in the field of TV advertising. Post Online takes a look at five of the most memorable…
CFC enters intellectual property market
Specialist lines Lloyd’s underwriting agency CFC has launched an intellectual property product following the transfer of Munich Re’s intellectual property team led by Erik Alsegard.
Broker to head Let Alliance board
Broker David Hill has been appointed non-executive director to the Let Alliance board.
Be Wiser grows turnover 24%, but profits slip
Andover broker Be Wiser has reported substantially boosted income in its figures for the year to 31 March.
Middle quits Aviva to become Ageas partnerships director
Aviva’s Ant Middle is stepping down from the role of strategic partnerships director to take on a similar position at Ageas.
Aon analysis shows 24% of H1 losses covered by insurance
The $20bn (£13bn) total of insured losses for the first six months of the year was approximately 20% below the 10-year average of $25bn (£16.3bn), according to Aon Benfield’s Impact Forecasting centre.
Willis UK in single digit dip as group organic growth increases
Willis’ UK operation experienced a single digit decline in the second quarter, amid a backdrop of the group-wide organic commissions and fees growth of 6.3%.
Portal extension should include multi-defendant claims, argues Zurich boss
Multi-defendant disease and deafness claims should be included in the extended road traffic accident portal, according to Zurich’s casualty claims director Karl Helgesen.
Zurich launches policy validation unit for brokers to help tackle fraud
Zurich has launched a dedicated policy validation unit in a bid to help personal lines brokers tackle fraud at the quote stage.
Post magazine - 25 July 2013
In this week's Post, the Financial Stability Board's listing of global systemically important insurers has raised concerns over a "lack of clarity" on why implicated firms are on the list and the costs that will be generated by an enhanced supervisory…
Volvo AEB system sparks reduced premiums for drivers
Volvo claims that its autonomous emergency braking system could save motorists up to £160 per year on their car insurance premiums, after the manufacturer declared the system will be fitted on most new models.
Ghost broking battle gains impetus as Gumtree closes insurance platform
Brokers welcome the decision to dispense with the category
Oval secures £43m four year refinance deal
Oval has secured a £43m refinance package to support its growth plans, with Barclays and Lloyds providing the funding.
Paedophile teacher leaves council picking up £300 000 liability excess
North Somerset Council is facing the possibility of paying out £300 000 in insurance excesses professional indemnity claims relating to the victims of a paedophile teacher.
More brokers face fines over add-ons after Swinton pays £7.4m penalty
Analyst blames drop in Esure’s profit expectations on bundled add-ons.